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24 Callender Street

Sisy Qu Of EXP Realty Facilitates $2.2M Multifamily Sale In Cambridge, MA
SOLDMultiFamily

Sisy Qu Of EXP Realty Facilitates $2.2M Multifamily Sale In Cambridge, MA

24 Callender Street, 26 Callender Street & 265 Callender Street

$2,200,000

$169/SF

Building Size

13,002 SF

Asset Type

MultiFamily

Closing

Mar 28, 2024

AI

24-26-26.5 Callender St. in Cambridge, MA, is a multifamily property that was sold for $2.2 million. The property comprises two well-maintained two-family homes on one lot in the Riverside area, spanning a total of 4,334 square feet with a price per square foot of $508.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,200,000
  • Address: 24, 26 & 26.5 Callender Street
  • Market: Cambridge, MA

The transaction was facilitated by Sisy Qu from EXP Realty representing the buyer and Alison Socha and Linda O'Koniewski from Linda O’ & Alison Group at Leading Edge Real Estate representing the seller. The sale presented a unique investment opportunity in a desirable location.

Players

Alison Socha

Leading Edge Real Estate

Broker

$4.6M

vol

3 deals

Broker

Rome MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93